Manford Way Ltd
14345554
Healthy
- Negative net worth (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Memet Karaduman
British · United Kingdom · Age 51
181, Manford Way, Chigwell, IG7 4DN
Notified 08/09/2022
CompanyRankvs 36684+ SIC 56103 peers30
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/09/2025
Net Worth
-£89k
Balance sheet strength
Cash
£8k
Cash in the bank
Net Current Assets
-£95k
Working capital
Current Assets
£17k
Current Liabilities
£112k
Fixed Assets
£6k
Debtors
£100
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.15 | -£57k |
| 2024 | 0.27 | — |
| 2023 | 0.83 | — |
Derived from filed accounts. Not audited figures.